Managers Explain Their Cannabis ETFs: CNBS

By Natan Ponieman and Javier Hasse.

In this four-part series, Benzinga takes an exclusive look at some of the highest valued, US-traded cannabis ETFs.

For our fourth and last installment, we spoke with Tim Seymour, director and founder of The Amplify Seymour Cannabis ETF (NYSE: CNBS).

Part one examined the ETFMG Alternative Harvest ETF (NYSE: MJ); part two featured The Cannabis ETF (NYSE: THCX) and part three spotlighted  AdvisorShares Pure Cannabis ETF (NYSE: YOLO).

The Amplify Seymour Cannabis ETF (NYSE: CNBS) launched on the New York Stock Exchange in July 2019. It’s an actively-managed ETF led by Seymour, who is CIO of Seymour Asset Management firm, and Senior Advisor to the JWAM Growth (Cannabis) Fund.

“In my ETF we have a clear set of guardrails requirements we have to follow for investability,” says Seymour. “We are a cannabis specific ETF and we are named as such and labeled as such. So we have to have a particular concentration of cannabis names in the portfolio. And those names have to have a particular concentration of …

Full story available on Benzinga.com

More Managers Explain Their Cannabis ETFs: CNBS